Jane Elfers - Apr 15, 2024 Form 4 Insider Report for Childrens Place, Inc. (PLCE)

Role
President and CEO, Director
Signature
/s/ Jared Shure, as Attorney-In-Fact for Jane Elfers
Stock symbol
PLCE
Transactions as of
Apr 15, 2024
Transactions value $
-$150,509
Form type
4
Date filed
4/17/2024, 04:30 PM
Previous filing
Jul 6, 2023
Next filing
May 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLCE Common Stock, par value $0.10 per share Award $0 +59.9K +16.19% $0.00 430K Apr 15, 2024 Direct F1, F3
transaction PLCE Common Stock, par value $0.10 per share Tax liability -$151K -20.9K -4.86% $7.21 409K Apr 15, 2024 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares reported represent shares of Common Stock, par value $0.10 per share, of The Children's Place, Inc. (the "Company"), underlying performance shares granted under the Company's 2011 Equity Incentive Plan (the "Plan") on March 18, 2021. As a result of the occurrence of the Change in Control at the Company on February 13, 2024, and in accordance with the terms and conditions of the Plan, all performance shares granted but unvested had performance criteria eliminated and the shares reported vested and were delivered on April 15, 2024.
F2 These shares were withheld to pay tax liabilities incident to the vesting of performance-based restricted stock units on April 15, 2024.
F3 Includes dividend equivalent shares that have accrued thereon.